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Company News

BUZZ-Manulife Financial: Looks to sell U.S. assets -sources

** Canada’s biggest insurer up as much as 1.4 pct after sources told Reuters that co is weighing sale of U.S. assets

** MFC looking to divest less-attractive U.S. insurance businesses, sale to bring “several billions of dollars” - sources

** At its strategic review, MFC also decided not to pursue IPO of John Hancock unit

** MFC up ~2 pct in the last 12 months on the Toronto Stock Exchange (Reporting by Ahmed Farhatha in Bengaluru)

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